Is Rossari Biotech a good buy?

Is Rossari Biotech a good buy?

KR Choksey is bullish on Rossari Biotech has recommended buy rating on the stock with a target price of Rs 1456 in its research report dated March 28, 2022.

What is the CAGR of Rossari Biotech?

Profit & Loss

Compounded Sales Growth
10 Years:	%
5 Years:	36%
3 Years:	28%
TTM:	55%

Why did Rossari Biotech fall?

The reason for this fall is because of a go-ahead by the company board authorizing the company to raise Rs 300 crore by issuing equity shares on a preferential basis. These shares will be issued at Rs 996, a discount of 10.35% to its March 23 price.

What does Rossari Biotech do?

We are amongst India’s leading textile and specialty chemical manufacturers based on sales of fiscal 2019 with over a decade history of innovative, agile, and rapid growth. We provide customized solutions to industrial and production requirements of our customers through our diversified product portfolio.

Is Rossari biotech overvalued?

Is Rossari Biotech Ltd undervalued or overvalued? The key valuation ratios of Rossari Biotech Ltd’s currently when compared to its past seem to suggest it is in the Undervalued zone.

What is intrinsic value of Rossari biotech?

Rossari Biotech

As Of	Intrinsic Value	Market Price
31 Mar 2022	Rs. 453.57	Rs. 911.60
6 Jun 2022	—-	Rs. 888.65
9.70 1.09%

What are the products of Rossari biotech?

Home & Personal Care and Performance Chemicals

• Soaps and Detergents.
• Inks, Paints and Coatings.
• Ceramics and Tiles.
• Pulp and Paper.
• Cement.
• Water Treatment.

Who acquired Romakk chemicals?

Board of Rossari Biotech approved acquisition of 50.10% stake in Romakk Chemicals.

Who is Sunil Chari?

Sunil Chari is the Managing Director and Co-Founder who drives the growth of Rossari Biotech Limited. He is one of the founders of the company and has been a member of our Board since incorporation of our company. His passion for the business, people and processes provides Rossari a competitive edge in the marketplace.

What is intrinsic value of Deepak Nitrite?

Deepak Nitrite

As Of	Intrinsic Value	Market Price
31 Mar 2022	Rs. 1,049.36	Rs. 2,243.75
3 Jun 2022	—-	Rs. 1,958.10
-87.70 -4.48%

What is textile Speciality chemicals?

Textile chemical products range from highly specialized chemicals (biocides, flame retardants, water repellents, and warp sizes, for example) to relatively simple commodity chemicals (such as bleaches) or mixtures thereof (such as emulsified oils and greases, starch, sulfonated oils, waxes, and some surfactants).